0 Shelp Street, North Bay, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Airport. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 262 x 855 ft lot size
Description
Prime 5.15-acre residential land holding in North Bay's Airport Hill area, situated between two established subdivisions. Designated R1H (Holding). Development approvals and removal of the Holding designation may be required prior to development. No municipal services are currently in place. Buyers to satisfy themselves regarding servicing, zoning, permitted uses, and development feasibility through their own independent due diligence. Offers welcome any time.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 0 Shelp Street, North Bay, ON P1B 8G2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in North Bay, ON
For a property listed at $499,000 in North Bay, the legal minimum down payment is $24,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,455 for this transaction. As this listing is in North Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.